ACTIVE

euNetworks Belgium

Financial year 2025 · Closed on 31/12/2025

Net result-4 M €+38,6 %over 1 year
Gross margin1,4 M €-2,4 %over 1 year
Equity38,2 M €+588,8 %over 1 year
Workforce1,0 ETP-41,2 %over 1 year

Identity

Source · BCE/KBO

euNetworks Belgium is a Private limited company incorporated in 2007. Its main activity is: Wired telecommunications activities. Its registered office is in Etterbeek. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0887.348.674
Incorporation
19/02/2007
Legal form
Private limited company
Registered office
Boulevard Louis Schmidt 119 box 3
1040 Etterbeek · BruxellesSee on map
Contributed capital
50 018 550,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (1)
  • 200
Signals
Solid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin1,4 M €1,5 M €2,3 M €154,6 k €111,8 k €
EBITDA1,4 M €1,3 M €2,2 M €154,6 k €111,8 k €
Operating result-3,7 M €-3,9 M €-1,3 M €17,4 k €9,8 k €
Net result-4 M €-6,5 M €-1,3 M €16,7 k €9,5 k €
Balance sheet
Equity38,2 M €-7,8 M €-1,3 M €30,3 k €13,6 k €
Total assets49,4 M €49 M €51,8 M €1,8 M €2,8 M €
Cash638,7 k €605,3 k €652,4 k €375,7 k €87,6 k €
Debts9,3 M €55,6 M €52,9 M €1,8 M €2,8 M €
Other
Workforce1,0 ETP1,7 ETP0,8 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 14 ended

Active mandates

Katherine Ann Alexakis

Director · since 08 octobre 2024 · until 16 mars 2026

Active
Richard TAYLOR

Director · since 10 novembre 2016

Active

Ended mandates

Katherine Ann Alexakis

Director · since 08 octobre 2024

Ended
Paula Marie Cogan

Director · since 13 décembre 2022 · until 27 août 2024

Ended
Paula Marie Cogan

Director · since 13 décembre 2022

Ended
Richard Taylor

Manager · since 10 novembre 2016

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202605/08/202508/07/202413/07/202323/06/202207/07/2021
General meeting30/06/202631/07/202504/07/202423/06/202322/06/202223/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202601/07/2026DutchPDF
Abridged model31/12/202431/07/202505/08/2025DutchPDF
Abridged model31/12/202304/07/202408/07/2024DutchPDF
Abridged model31/12/202223/06/202313/07/2023DutchPDF
Abridged model31/12/202122/06/202223/06/2022DutchPDF
Abridged model31/12/202023/06/202107/07/2021DutchPDF
Abridged model31/12/201930/06/202002/07/2020DutchPDF
Abridged model31/12/201817/06/201917/06/2019DutchPDF
Abridged model31/12/201730/05/201826/06/2018DutchPDF
Abridged model31/12/201621/07/201729/08/2017DutchPDF
Full model31/12/201528/07/201604/08/2016DutchPDF
Full model31/12/201404/08/201524/08/2015DutchPDF
Abridged model31/12/201316/07/201428/07/2014DutchPDF
Abridged model31/12/201231/03/201315/07/2013DutchPDF
Abridged model31/12/201106/06/201209/07/2012DutchPDF
Abridged model31/12/201031/03/201109/07/2012DutchPDF
Abridged model31/12/200931/03/201009/07/2012DutchPDF
Abridged model31/12/200830/09/200929/12/2009DutchPDF
Abridged model31/12/200726/05/200929/12/2009DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 14 ended

Active mandates

Katherine Ann Alexakis

Director · since 08 octobre 2024 · until 16 mars 2026

Active
Richard TAYLOR

Director · since 10 novembre 2016

Active

Ended mandates

Katherine Ann Alexakis

Director · since 08 octobre 2024

Ended
Paula Marie Cogan

Director · since 13 décembre 2022 · until 27 août 2024

Ended
Paula Marie Cogan

Director · since 13 décembre 2022

Ended
Richard Taylor

Manager · since 10 novembre 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/01/2026
    DIVERSEN
    PDF
  • Mandates26/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/05/2023
    DIVERSEN
    PDF
  • Other15/03/2023
    DIVERSEN
    PDF
  • Mandates07/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 16/03/2026
    nominationGiancarlo Ferro — bestuurder (CFO)
  2. 16/03/2026
    nominationMarisa Tirsolino — bestuurder
  3. 2025
    Annual accounts 2025-4 M €↑
  4. 30/07/2025
    nominationDavid Lenaerts — commissaris
  5. 2024
    Annual accounts 2024-6,5 M €↓
  6. 08/10/2024
    nominationKatherine Ann Alexakis — bestuurder
  7. 2023
    Annual accounts 2023-1,3 M €↓
  8. 01/10/2023
    nominationDavid Lenaerts — vaste vertegenwoordiger (commissaris)
  9. 2022
    Annual accounts 202216,7 k €↑
  10. 13/12/2022
    nominationPaula Marie Cogan — bestuurder
  11. 22/06/2022
    nominationIgnace Robberechts — commissaris
  12. 2022
    Name changeeuNETWORKS Belgium
  13. 2021
    Annual accounts 20219,5 k €↑
  14. 2021
    Name changeEUNETWORKS
  15. 2019
    Annual accounts 2019-43,4 k €↓
  16. 2018
    Annual accounts 2018-25,1 k €↓
  17. 2017
    Annual accounts 2017-15 k €↓
  18. 2016
    Annual accounts 2016-1,1 k €↓
  19. 2015
    Annual accounts 201520,4 k €↓
  20. 2014
    Annual accounts 201422,6 k €↑
  21. 2013
    Annual accounts 201319,4 k €↓
  22. 2012
    Annual accounts 201268,4 k €↓
  23. 2011
    Annual accounts 2011147,6 k €↑
  24. 2010
    Annual accounts 201054,1 k €↑
  25. 2009
    Annual accounts 2009-33,6 k €↑
  26. 2008
    Annual accounts 2008-81,2 k €↑
  27. 2007
    Annual accounts 2007-106,8 k €
  28. 19/02/2007
    IncorporationPrivate limited company